Bitcoin Officially Traded Above $100,000 For 30 Consecutive Days For The First Time

Bitcoin Officially Traded Above $100,000 For 30 Consecutive Days For The First Time
Bitcoin Officially Traded Above $100,000 For 30 Consecutive Days For The First Time

Bitcoin has officially completed 30 consecutive days trading on a $ 100,000 mark, which represents a historical mark on a 15 -year trip. Bitcoin achieved its highest level (ATH) of $ 111,980 on May 22, reaching nearly $ 112,000.

In the last 30 days, Bitcoin witnessed a decrease of 10 percent immediately after its arrival at ATH, as it decreased to 100428 dollars. However, it was not for a long time, as Bitcoin returned to $ 109,511 at the time of writing this report. The momentum seems to be built again, indicating that it is bullish.

“At any time, the price is able to punch through a large resistance level, whether psychological or historical, and successfully suspended, it is definitely an upward sign,” said Harvey’s technical analyst at Wolfe Research. “What really has emerged for us is PRICE’s ability to keep this level in the rear test, when he briefly decreased to $ 100,000 on Thursday. It also happened to fully comply with the moving average for 50 days … We feel that this should be a launch platform again towards the last levels of $ 112,000.”

Last month, Bitcoin rose to the financial and political current. Several American states, including New Hampshere, followed by Arizona, then Texas approved legislation recognized Bitcoin as a strategic reserve asset. These laws reflect an increasing direction in the interest of the state level in using Bitcoin as a financial flow and as part of a long -term fiscal policy.

“New Hampshire has passed on to invoke,” said CEO and co -founder of Satoshi Action Dennis Porter.

At the same time, financial institutions are expanding Bitcoin’s offers quickly. JP Morgan has started providing loans supported by investment funds traded in Bitcoin as a guarantee. Betco ETF has entered Blackrock in a period of intense activity, generating standard trading volumes and capturing the attention of both investors from retail and institutions.

To date, what is a total 228 I have public and private entities Bitcoin in their public budgets, and in the last 30 days, companies such as Gamestop, Know Labs and NBX added in Norway Bitcoin as a strategic reserve. All of these companies treat Bitcoin not only as a speculative origin, but as a major part of their long -term financial plans. This growing trend of companies follows the example that the strategy has set, but it now happens on a large scale.

At the 2025 Bitcoin Conference, Vice President of the United States of America, JD Vance said in his speech, “Fifty million Americans own Bitcoin. I think it will be 100 million a long time ago.”

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